Jay-Z is accusing producer Chauncey Mahan of extortion for attempting to charge the rapper-turned-mogul $100,000 for original recordings of two of his biggest 2002 albums. But the producer who worked with Jay during his early days in the music industry says that he did him a favor by keeping the recordings in storage and even attempted to send them to him but was ignored each time.

Mahan decided to finally charge the rapper to take back his original recordings from albums "Volume 3" and "Dynasty" after keeping them in storage for 12 years and racking up some serious "storage fees." The songs include hits "Big Pimpin" and "I Just Wanna Love U (Give It 2 Me)." Chauncey tells TMZ that the allegations against him are nonsense, saying that, back then, Mr. Carter "was a stupid kid smoking blunts" who was irresponsible with his property. The producer wants to make it clear that he repeatedly notified Jay-Z's people that he was in possession of the masters, yet they never cared until he asked them for $100,000 in fees.

Guess what else Chauncey said about Jay? The tracks that he is in possession of are awful and that is probably why the rapper is so anxious to get them back. He's just not $100k desperate to get them back. And even if the recordings are released publicly and they are bad, nobody is going to care. Jay, c'mon, you married Beyoncé and you know how we feel about Queen Bey... your rookie tracks are safe with us. Will Jay and Chauncey result in settling in court? Or will Jay-Z continue to fight for his own recordings?

The tapes are now in possession of the police until a judge can determine rightful ownership. Good luck to Jay-Z, we don't hear of him being involved in much drama so this must be weighing heavily on him.